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Reporting and Analyzing Energy & Metal News from Around the Globe

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How much will it cost you to heat your house this upcoming winter?Prepare for a rise in Propane Prices

November 12, 2010

How much you think you will have to pay for heating your house? If you guessed it’s going to be higher then what you were paying last winter, you guessed correctly. According to the weekly report made by the EIA (The…

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Crude oil and natural gas prices update for 11th of November

November 11, 2010

Energy Prices Crude oil price of (futures for December 2010), as of 10.47AM GMT, on the New York Mercantile Exchange (Nymex), is at 88.35 USD per barrel, which represents a 0.54 dollar increase or a 0.61% incline. The WTI spot price settled yesterday at…

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Crude oil and natural gas prices update for 10th of November

November 10, 2010

Crude oil price: after a slow start from the beginning of the week it seems that there is starting a small rely as it pick up a bit of action and climb gradually to the 90USD/b mark, yet crude oil price…

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Crude oil and natural gas prices update for 9th of November

November 9, 2010

There is a continuous small increase in the crude oil prices along with other major energy commodities, but still it’s a long way from the high rally that occur last week.

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The Relationship between Dollar/Euro and Crude Oil Price – Fact or Fiction? – 9th of November

November 9, 2010
crude oil price graph vs dollar cum oct 2010

There is an old paradigm among analysts of crude oil prices vis-à-vis to the Dollar/Euro exchange rate: in many cases analysts quote the level of correlation between the two indexes and conclude that due to their high level of correlation they assume a cause and effect relationship

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Crude oil and natural gas prices update for 8th of November

November 8, 2010

Oil and Gas Prices Crude oil price (December 2010 futures), as of 19.45PM GMT, on the New York Mercantile Exchange (Nymex), is at 86.96 USD per barrel, which represents a 0.11 dollar increase or a 0.13% incline. The WTI spot crude oil price…

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